The Process of Buying a Home in Bronx, NY

Busy? Have us call you back. Call Me Back

More Information

Exploring Bronx, NY From North to South

Strongly considering a home purchase in Bronx? Congratulations! You've chosen a vibrant city with a great balance of educational opportunities, businesses, and parks, and we're here to help make your home purchase and move a little easier. We service 3.8 million customers across the country and have the inside scoop on Bronx's housing scene.

Given all of New York's growth, Bronx homes aren't always easy to find at a comfortable price. Continued economic growth and cultural expansion have helped to attract retirees, new businesses, and young families to the Bronx area, but so much change also means more traffic, more competition, and a need for more schools. That said, Bronx and the surrounding areas still offer an array of home styles and prices. You can find single-family homes, condos, townhomes, and (fingers-crossed) your dream home! When buying a home in Bronx, consider the home's location in relation to your everyday activities. If possible, test drive your trip from the house to work, school, and the grocery store. Your house's location will affect everything, from your morning routine to how you spend your evenings. Exploring Bronx will also help you get a feel for how homes in east Bronx differ from west Bronx, what the neighborhoods are like, and where to find Bronx's hottest attractions.

You're ready to buy a house in Bronx, but is your bank account? Reach out to a Mr. Cooper Mortgage Professional if you don't know how to go about answering that question. We think the dream of homeownership should never fade and try our best to make the journey easier and more rewarding. It doesn't matter whether you want to buy a home in New York or somewhere else entirely. We work with new and experienced homeowners alike. Walk through the following steps to help you figure out if your finances are in the right place to buy a house in Bronx.

Before anything else, estimate how much house you can afford. This will help you set a price range while house shopping in Bronx. Next, jot down your potential monthly payments (including property taxes, insurance, homeowners association fees, home repairs, etc.). No need to have an exact amount. Searching the web for Bronx averages will usually give you a solid estimate, though everyone's situation is different. Keep in mind that your monthly mortgage payment could make up the bulk of your monthly home expenses.

Next, figure out what a realistic down payment would be for you. A down payment of at least 20% can help increase your chances of getting a great rate and will allow you to avoid private mortgage insurance (PMI). That said, down payment requirements can differ depending on the loan type. Here's where it can help to get prequalified for a mortgage. Prequalification points you in the right direction as far as how much you may be eligible to borrow. Also, take a good look at your credit. Credit history is one of the main factors that lenders look at when considering your mortgage application. The healthier your credit is, the more mortgage options you may have open to you— and more options are always good!

It's Go Time! Buy a House in Bronx, NY

While moving is a universal experience, it remains one of the top stressors that a person can experience in life. But moving feels more rewarding when you get to live in a place like Bronx. Contact Mr. Cooper as you prepare to buy a house in Bronx. We're here for you from start to finish and Mr. Cooper® Real Estate Rewards can even connect you with a top-performing real estate agent who can potentially save you thousands.*

Mr. Cooper Reviews from Real Customers in Bronx, NY

Read real stories from real Mr. Cooper home buyers and sellers in Bronx, NY. Then contact us to see what we can do for you.

Make buying or selling a Bronx home easier.

Put Mr. Cooper in your corner for a better home buying or selling experience.